Executive Head: Treasury - VKB Group, Head Office Reitz at VKB Group

Requirements

• Education
• Relevant accounting degree and professional registration as CA(SA)
• Completed Masters of Business Administration (MBA) or relevant Post Graduate qualification in Business Administration
• Specific Work Experience, Knowledge and Skills
• 10 Years experience in Treasury Management.
• Strong expertise in treasury accounting including FX, Hedging, Liquidity, Cash Flow and various financial instruments.
• Knowledge of banking regulation in South Africa.
• Management of bank relationships and contract negotiations.
• Knowledge of general treasury, forecasting, budgeting.
• Strong knowledge of financial instruments, credit facilities and treasury best practices.
• Knowledge of finance and accounting principles including IFRS.
• Experience from working with and implementing Treasury systems and related digital tools.
• Knowledge of an ERP system environment.
• Proficient with MS Office Suite including strong Excel skills.
• Excellent interpersonal and communication skills (written and verbal).
• Strong relationship building skills and networking with different stakeholders.
• Mindset for Change Management and Digital Transformation.
• Teamwork and focus on people development.
• Adaptability to different stakeholders, environments and business requirements.
• Strong analytical skills and high attention to detail.
• Strong leadership skills and the ability to collaborate.
• Detail, deadline and goal oriented.
• Structural planning skills and conceptual thinking.
• Resilience and stress management.

Duties and Responsibilities

• Overall responsibility for treasury management for the VKB Group.
• Cash and liquidity management through cash flow reporting, planning and forecasting.
• Analyse and perform appropriate hedging and funding activities (Forex, loans, deposits, etc.).
• Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
• Managing all domestic and possible global banking relationships.
• Review and negotiate contracts with banks on regular basis, provide regular cost benchmarks.
• Maintain bank mandates and banking system users' database.
• Identify opportunities and implement treasury related business process improvements.
• Responsible for development of digitalisation journey of treasury department.
• Responsible for implementation and maintaining treasury management system and its related process improvements.
• Lead the treasury month end closing process including the business reviews.
• Complete the Group's monthly debt report.
• Develop and support treasury policies, procedures and controls.
• Develop and enforce strong internal controls and ensure compliance to local regulations, Internal Control Reference Framework (ICRF) and Compliance requirements.
• Provide treasury support and guidance for the Region's existing and new businesses.
• Advise management on the liquidity aspects of its short- and long-range planning.
• Support mergers & acquisitions and special projects as assigned by Exco.
• Work with internal and external auditors.
• Development of the Treasury Team in terms of skills and competencies.
• Support and educate Regional Finance organisation in Treasury matters.